Cyprus Airways and PHI Air Europe Ltd, a subsidiary of US-based PHI Helicopters Inc., have signed a strategic agreement for the provision of helicopter support services at the Cypriot carrier’s technical facilities.
* Cyprus accused of confiscating funds following 2013 bailout * The government could be facing a lawsuit with a claim for “at least” 50 mln euros from Greek investors who lost their
The Central Bank of Cyprus has granted a license to the Russian Bank Zenit (Open Joint Stock Company) to establish and operate a representative office in Cyprus. Bank Zenit, established in December
The Kanika Group has sold The Alexander the Great Beach Hotel in Paphos and the Kanika International Business Center in Limassol in two separate multimillion-euro deals involving Russian investors. The recently-renovated Alexander
The decision to place the Cyprus branch of FBME Bank under resolution shows the commitment of the Cypriot independent institutions to safeguard financial stability, Government Spokesman Nicos Christodoulides stressed on Tuesday. The
The Cyprus government has pledged to drastically reduce the number of pending title deeds from 30,000 at present to just 2,000 by the end of the year, a fete regarded by many
Investment funds (IFs) in Cyprus have increased over time, the Central Bank of Cyprus said in its first quarterly statistics on the sector, with their assets nearly double in March this year
The Cyprus Foreign Ministry has dismissed press reports of allegations of an import of 4,603 tonnes of barley originating in Crimea on June 23. The Ministry said that investigations conducted by the
The German parliament (Bundestag) has decided to expand its International Parliamentary Scholarships (IPS) scheme to include Cyprus, Greece, Turkey and the countries of the Arab Spring. According to the Bundestag website, the
The Central Bank of Cyprus issued an announcement late Monday saying it had issued a decree by which it has placed the Cyprus branch of FBME Bank Ltd. under a state of
